The UK's Financial Conduct Authority (FCA) has released a roadmap to assist asset management firms in adopting blockchain technology for fund tokenization. Announced on Tuesday, the initiative aims to provide regulatory clarity and foster innovation and growth within the asset management sector. The FCA's plan includes guidance on operating tokenized fund registers under existing rules using the UK blueprint model, a simplified trading framework for both traditional and tokenized fund units, and a blockchain-based settlement roadmap.
FCA Unveils Blockchain Tokenization Roadmap for Asset Managers
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